Quote:
Originally Posted by Xenophon
I have no direct knowledge of the details of this dispute, but a little bird who may or may not know whereof he/she/it speaks recently claimed that there was no issue on royalties, but rather was brought on by changing exchange rates. Seems that Baen wanted to boost the advance a bit (in USD) due to decent sales. But after applying exchange rates, the advance would be smaller in GBP than for previous books.
If true, this leaves both parties between a rock and a hard place. Most of Baen's sales are in $$, so that's what they compute payment in. Most of the author's expenses are in GBP, so that's what he considers when judging value of payment. As long as the USD is way way down, there's really not any way out.
Alternatively, that little bird could have been smoking crack -- in which case your guess is probably better than mine.
Xenophon
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All I know about it is what the author has written in his blog,
here.